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CBN hikes interest rate to 27.5%

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The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has increased the country’s interest rate by 25 basis points. This increase raises...

CBN drops interest rate to 13.5% for first time in two...

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The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has dropped the monetary policy rate (MPR) for the first time in more than...